S&P and NASDAQ Finish Lower for the Month

December S&P and NASDAQ stock index futures finished lower for the month while the December Dow eked out a small gain. The closing price reversal tops in the S&P and NASDAQ indicate that the selling is greater than the buying at current levels and set up the possibility for a 2 to 3 month decline. Today’s sell-off was broad-based, which is another sign that the 10% to 20% correction that...